Good that you bought it as an LLC, because it sounds like a law suit waiting to happen.If I'm reading this correctly, my recommendation would be to encourage the tenants to move, then start over with a new design, making sure to incorporate someone who knows a little about building codes. 

I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:INDEMNIFICATION:(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/or other legal proceedings whatsoever and cost incurred therefrom in connection with the management of the Property and from liability for injuries suffered by any employee or other person whomsoever, except in cases of willful misconduct or gross negligence on the part of Agent or its employees, (b) The Owner shall indemnify and hold harmless the Agent from and against any costs, loss, expense or damage (including attorney's fees) suffered or incurred by the Agent arising out of or related to the enforcement of this Agreement arising out of a default or other breach by the Owner, the management, operation, improvement, alteration and leasing of the Property, including all other activities arising out of or related to Agent's duties under this Agreement or as a result of any act or thing done or permitted by the Agent or its agents or employees; provided, however, that such indemnification shall not apply to any such cost, loss, expense or damage to the extent that the same relates to or as a result of conduct by Agent which constitutes willful and wanton misconduct.It seems like if one of the Property Manager workers (aka Agent) slips and hurts himself while cleaning the floor the "Owner" is then responsible. 

I think you've already received some great feedback from the likes of @James Wise and @Dorothy Butala, so I will try to keep my post short (not generally my strong suit).As has been pointed out, a couple of the assumptions in the original post may or may not be correct, depending on the turnkey provider you use.

First determine what your goals are and what kind of portfolio suits you.

be sure to calculate all costs, so you know what you'll actually haveget your home ready and put it on the marketonce you get an offer, counter with a higher deposit for protection and a completion that suits your needsnow go into the wild and find your new homeonce it is found, secure a completion that is before yoursif the buyer of your home bails, you'll have the deposit as some sort of security (on a 300k home, 15k is reasonable)Alternatively, you could simply flip a few of those steps. 

The contractor still has statutory time limits to actually file suit to enforce the lien, or it dies.

He had a suit, gloves, bleach, cleaner.

I haven't really made too many attempts yet so I am going to give it a few more months but what would your opinion be on cold calling or facebooking people about properties in states better suited for wholesaling?

@Devin ArrigoHonestly you'll probably learn more while closing on your first deal than in all of the books/forums/posts you've every read - this is coming from personal experience.One thing I would highly recommend during escrow - order a full property inspection and be there when the inspector is on suite doing their thing.

I'm partial to instagram and wordpress has built-in widgets that allow you to easily incorporate your instagram feed into your page.